Blue Harbour Group is reportedly pressuring Madison Square Garden CEO Jim Dolan to sell the New York Knicks and New York Rangers ahead of the planned spinoff of the sports teams.
Crowdfund Insider | JD Alois | Nov 5, 2019 Last month, Crowdfund Insider reported on comments by EC Vice President Valdis Dombrovskis, a Commissioner whose portfolio includes Financial Stability, Financial Services, and the Capital Markets Union, indicating harmonized crowdfunding rules may be forthcoming before the end of the year. In a tweet, Dombrovskis stated there
Global private equity group KKR & Co Inc is targeting a record $15 billion for a new Asia-focused buyout fund, three sources with knowledge of the plan told Reuters.
Insider selling is likely to keep Uber shares under pressure for the rest of November following the expiration of the stock's lockup period, according to Bank of America Merrill Lynch analysis.
Brazil held a second underwhelming oil auction in as many days on Thursday, as major global oil firms passed again on offshore blocks billed as among the world's most promising.
Sources also said the bid consists of 77% cash and 23% stock, or $17 in cash and .137 Xerox shares for each HP share.
Lyft Inc on Thursday said it was rolling out an offer to users in Los Angeles, San Francisco and Chicago to sell their cars in exchange for credit on the ride-hailing platform.
Roku posted third-quarter results that missed Wall Street's expectation after multiple quarters of blowout growth.
Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up promising offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA .
Regulatory interest in iPhone maker Apple's mobile payment service was triggered by multiple expressions of concern, Europe's antitrust chief said on Thursday.
Lufthansa announced plans on Thursday for more cost cuts and delivered better-than-expected results, sending shares higher even as a cabin crew strike posed a further challenge to the German airline's efforts to revive profits.
Fresh from the WeWork debacle, SoftBank CEO Masayoshi Son says he now aims to be more cautious about the timings of IPOs, a shift that could squeeze the Japanese company's funding and increase its reliance on its lower-growth telecom business.
U.S. Federal Reserve Chair Jerome Powell will testify on the economy before the House Committee on the Budget on November 14, the committee said on Thursday.
Wall Street's main indexes hit fresh record highs on Thursday, rallying on signs of progress in U.S.-China trade relations and another batch of largely upbeat earnings reports.
TechCrunch | Arman Tabatabai | Nov 6, 2019 Over the past several years, ‘fintech’ has quietly become the unsung darling of venture. A rapidly swelling pool of new startups is taking aim at the large incumbent institutions, complex processes and outdated unfriendly interfaces that mar billion dollar financial services verticals, such as insurtech, consumer lending,